Talos is an institutional technology provider for cryptocurrency trading. It has secured $40 million in Series A funding from some of the most prominent venture capitalists in the digital asset market.
Andreessen Horowitz
Andreessen Horowitz also participated. He leads a 4$0 million investment round into the Crypto trading platform. PayPal ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and Steadfast Capital Ventures also participated.
Series A Funding
In addition, Talos said that Series A Funding would help bootstrap the expansion of its institutional trading platform. Moreover, the company provides fund managers and other Institutions with liquidity Sourcing, direct market access, along clearing and settlement services.
Other Clients
The clients also include buy-side Institutions and financial service providers like banks, broker-dealers, OTC desks, custodians, and exchanges.
Anton Katz
Anton Katz, Talo’s co-founder, and CEO said that his firm had gained significant traction over the last two years in attracting new institutional clients. He further added that they are now partnering with some of the most prominent players in the global financial markets.
Arianna Simpson
They can realize their goal of providing the fabric for institutional trading of digital assets around the world. Arianna Simpson, a partner at Andreessen, said that they had reached an inflection point. Thus, widespread institutional adoption will progress only with robust expansive and institutional-grade market infrastructure in place.
